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Business

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Dubai records over $571 million in real estate transactions

The DLD report showed that 618 plots were sold for AED 6.19 billion, while 2,410 apartments and villas were purchased for AED 5.63 billion. (WAM)
By Hilal Mir
January 31, 2023 11:06 pm
  • The deals included 471 sales transactions worth AED1.87 billion, in addition 70 mortgage deals of AED122.36 million.
  • The sales included 451 villas and apartments worth AED1.56 billion, and 20 land plots worth AED316.57 million.

Dubai, UAE — Dubai real estate market recorded deals worth AED2.1 billion on Tuesday, Dubai Land Department said.

The deals included 471 sales transactions worth AED1.87 billion, in addition 70 mortgage deals of AED122.36 million, and 14 gift deals amounting to AED130.13 million.

The sales included 451 villas and apartments worth AED1.56 billion, and 20 land plots worth AED316.57 million.

The mortgages included 47 villas and apartments worth AED68.8 million and 23 land plots valued at AED53.56 million.

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INSEAD Day 4- 300x600
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